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EBay’s $9.2b unit sale hits UK hurdle

Bloomberg EBay Inc’s sale of its online classifieds business to Adevinta ASA has hit a hurdle, as UK regulators voice concerns over the potential threat to competition that the tie-up poses. The UK Competition and Markets Authority (CMA) told the companies to propose remedies that address antitrust concerns for the deal, which was valued at $9.2 billion when it was ...

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Biden says US has opportunity for ‘change’ in race disparities

Bloomberg President Joe Biden said the racial strife that’s gripped the US since George Floyd’s death is an opportunity to make significant strides toward addressing inequity, likening the era to the civil rights movement of the 1960s. “We have a chance now, a chance now, to make significant change in racial disparities,” Biden said at a CNN town hall event ...

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Myanmar’s Suu Kyi appears before court

Bloomberg The first court hearing of ousted Myanmar leader Aung San Suu Kyi since the February 1 coup began earlier than scheduled and without her lawyer present, further signalling the military’s intention to end her political career. Speaking by phone on Wednesday, her lawyer Khin Maung Zaw said that Suu Kyi appeared in front of the court via video link ...

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